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Search Results 0 to 49 of about 93 (some duplicates have been removed)
. by doing this, we sent a not so subtle signal that the focus of our country is on the farm economy of washington, d.c. instead of that really come out here in charlotte, new orleans, and cheyenne. we as republicans have to accept government number crunching. it is not the answer to our nation's problems. we've got to face one cold hard fact -- washington is a dysfunctional that any budget proposed based on fiscal sanity will be deemed not series by the media and it will fail in the united states senate and will not make it to the president's desk where he would veto it anyway. any serious proposal to restrain government growth is immediately deemed non-serious in washington, d.c. the balanced budget amendment is called non-serious as are term limits, capping federal growth to the growth of the private sector economy is deemed not serious in washington, d.c. anything serious is deemed not serious in washington d.c.. when senator obama voted against raising the debt ceiling, he said he was doing so because the national debt was at an outrageous $8 trillion. he clarified for a fact --
showdown from showdown? and how will the economy respond to what is or is not accomplished here in washington? my exclusive guest this morning will have something to say about all of this. house budget chairman and the republican party's 2012 vice presidential nominee paul ryan here for his first live interview since the election. chairman, welcome back to meat meet. >> great to be back with you. >> let's talk about this top priority of the budget battle. it will really mark the beginning of the president's second term. the debt ceiling has been raised, at least temporarily, but there are still big decisions to be made. you specifically said in the last few days that your priority is to make a big down payment on the debt. a debt crisis that you see in this country. >> that's right. >> what do you specifically require? what's the priority? what has the president got to do in your point of view? >> i'll just explain what the speaker said when we passed that bill. our goal is to get cuts and reforms that put us on a path to balancing the budget in a decade. we think the senate oug
spend more. that's not going to help the economy, and that is not going to close the gap and balance the budget. the reason we want to balance the budget is not to make the numbers add up. we think that's necessary for growth and opportunity. we think it's necessary to make sure that our kids don't get this debt that they won't be able to handle if we keep going down the path we are on. >> but there are certainly those in the white house who would take issue with what you said or might even say to use your own criticism that's a straw man argume argument. they were prepared to cut additional spending to be part of a bigger agreement that republicans weren't able to agree to. there is more room for spending cuts. it's a matter of how you do it. >> the president was insisting on more stimulus spending during the fiscal cliff negotiations. he didn't get that. they haven't put out a plan. the reason we wanted the debt limit extended was to showcase our budget. we will put a budget up that says here is our plan for economic growth and balancing the budget, entitlement reform which is nece
catch up. you'll shut down the economy and you won't get the budget down. >> when you were campaigning in virginia, a state you wanted to carry but didn't, you said, look, these sequestration cuts, these automatic spending cuts that are put in place because republicans and democrats can't agree, so you have to have this sword that comes down, you said we're not going to let those happen. those will not happen, those automatic spending cuts. well, now we have a new deadline coming up in a couple of months that says there's going to be more automatic spending cuts, the same ones that were in place before. >> that's right. >> are you going to let those happen? >> if mitt romney and i won the election, they would not have happened because we would have gone and worked with democrats and republicans in congress to put the budget on a path to balance and saved defense. i think the sequester is going to happen because that $1.2 trillion in spending cuts, we can't lose those spending cuts. and don't for get one other thing. i wrote legislation and passed it in the house twice to replace those
about what's happening with the domestic economy. >> yeah. rates probably close to 50% in europe. europe obviously is a collection of smaller companies. if you're historically in those countries you've had to reach out much sooner than american companies have. they're global leaders in their industry around the world. they just happen to be based here in europe and one of our key messages of the last four years has been buy european countries and make sure they have as little exposure as possible. that's generally the message. there's more competition in the market now even from peripheral countries benefiting in the risk rally. >> i wonder about philips, too, reporting tomorrow. are they seen similar to alcoa as the barometer? >> i think, you know, any big company which comes out and meaningfully beats or disappoints the market, european equities are up .25% from the lows in the summer. it could be any number of big stocks which sets the near term direction of the market. overall, it's very unlikely. the corporate sector has within its power to greatly disappoint or please the markets a
in 2014. the moves do follow heavy pressure from shinzo abe despite reflation and a flagging economy. but the yen actually settled higher with some economists. look at that. that is suggesting they ended up almost 1.2% above the dollar. there's questions whether the 2% dollar stated can be achieved. now there's plenty more on the boj's inflation packed with the government live. hi. >> hi, kelly. the bank of japan and the government issued a joint statement that set a 2% inflation target today replacing its current 1% price. from japan's monetary policy has shifted into unexplored territory. the boj agreed to try and hit the 2% target as quickly as possible rather than over the medium to long-term. but the target will probably be difficult to meet. forecasts released by the bank showed that the consumer price index will rise to just 0.9% in the fiscal year starting in 2014. boj officials said that the 2% target will be possible if the country's growth potential is improved by further government reform. the joint statement is binding for both the government and the boj calling on both
the economy? we have a former white house political director under president george w. bush and a former chief of staff to west virginia senator joe mansion. >> great to be here. >> eric: matt, let me start with you. how do we get here? >> well, you know, i think about the president i served, george w. bush. when he came to office, he really was concerned about trying to if i understand a way to reach across the aisle because clearly bill clinton left the presidency with high numbers. he worked with ted kennedy. he worked with democrats and signature domestic policy issues and then 9/11 happened and the wars occurred. really, the nation polarized again, right versus left. i don't think we have come out of that. obama inherited that. but he talked about bridging that and governing in a way to bring right and left together. i happening the number-1 failure of president obama is not the economy. it's his failure to find a way to bring us all together. >> eric: chris, what about that? >> well, i think it's easy to put it on president obammasm the fact is, this has been building and arguably buildi
and taxes even more, whether it is cap and trade, regulating our economy and raising the costs for every american, they are feeling emboldened right now. and if conservatives stand together, we can stop that, and stopping bad things that would harm this country, that would harm americans, is a major victory for the next two years. [applause] but the third thing we can do in the short term is we can use leverage points to plaque real progress on the fiscal and economic crisis threatening this country. the fundamental dynamic when you have divided government is that whichever side owns the default is in the stronger position. either party can stop anything. so whoever wins if nothing gets done, wins the negotiation, wins the battle. it's why on fiscal cliff we got such a lousy deal. because if nothing happened, the result was a massive tax increase on er american who pays taxes, and i think president obama was perfectly fine, he was serene to go off that cliff. why? because his substantive agenda, which he doesn't hide from, is to dramatically expand the size and power of government, and t
, in immigration reform and, above all, in what we have to do to invest to grow our economy and grow opportunity. >> pelley: you know, i don't think gun safety would have been at the top of the president's agenda two months ago but after newtown, of course, it has become -- >> it's impossible to turn away from it now. it's impossible. >> pelley: which leads to the question: what do you expect to see from the president in terms of resolve on this as we get farther from the tragedy itself? >> well, i think you saw in the president's announcement, i think it was last week after the vice president's series of recommendations, what the contours of his proposal will be in terms of an assault weapons ban, a limitation on access to military style clips with multiple rounds in them. i think he's shown consistently a willingness to reach out to gun owners, sports men and women and hunters to make sure their interests are respected, consistent not just with the second amendment but consistent with their reasonable interests. but i think the idea of insisting that we do what we can as a federal and as state
the world as we continue. stay with us. lou: the obama economy in tonight's "chalk talk" we take a look at the obama economic failure. anti-gun advocate started as seven democrat, and day distort his campaign ad. he supports the second amendment steven haze of the weekly standard, a former bush special assistant to next. ♪ [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the clou
in the u.s., in germany and to an extent in the uk. >> the trouble is for all of those economies maybe some of the european ones are under pressure by the government. but the problem is, if you look at issues in the u.s., they're just so low. there's no ability to cut in the long-term. how do you push through entitlement reform and address those issues, especially if there's no market pressure right now? >> my sense is that you don't. i don't understand how that can be achieved and, therefore, i suppose what i struggle with is what solution can the government find? the bank of japan, if you monetize the debt in a low inflationary environment, is this a free lunch? >> right. >> in the uk, it has turned out to be a free lunch. would it in japan? possibly, yes, and, therefore, i wonder if these issues ever will be addressed. >> and what's so interesting, you're seeing these bizarre rates happening in a monetary policy. we feel like we're in a whole new regime where people feel like it doesn't matter at all. wondering if it matters at all how much you spend and borrow in these situations. how d
. and a lot of republicans say it poisoned the waters. when you look at the agenda now, there's the economy, the deficit, gun control, immigration. what should the president do first to show republicans he's not looking for revenge or looking to pick fights? >> i would say the budget. to make an honest attempt on both sides to try to reduce spending or reduce the growth in spending. that to me is the one place where there is enough on the table that both sides can make progress if they want to. you get into gun control, i basically support the president's program, but he's not going to get very much support at all among republicans for that. that's a good political point for him, but i don't see it going anywhere. as far as the illegal immigration or making it legal or whatever, reform, i would say there's an opportunity, people like marco rubio, for instance, and others, and also you have the chamber of commerce, you have some republican vested interest. i would say the budget and immigration are the two areas, spending and immigration. >> can he get through some simple things on gun contr
and the overall shape and direction of the economy. could you speak to that? >> i for started talking about it two years ago. -- i first started talking about it two years ago. i started talking about what was possible with oil. i was a lone wolf in the woods at the time. since then, the bandwagon has loaded up. a lot of other people are saying, yes, it could happen, and it to be very important for america. particularly as it translates from energy to the general economy. there are more pillars' out there, housing, manufacturing -- they depend on recovery. the one that does not is energy, because the international demand is already there. it has been created by china, india. all around the world. the weakened cash in on that. would not have to wait on it. -- we can cash in on that. we do not have to wait on it. we need to keep doing what we're doing. it is going to mean a tremendous amount of jobs. we have seen that all through the midwest. north dakota is certainly a huge example of it. they say now there is to% and unemployed -- 2% unemployed there. we cannot find those folks. [laughter] we're s
nonpartisan testimony that when the debt is this large in comparison to the economy, it costs the country the equivalent of about one million jobs. think about that. if washington got its debt and spending under control, one million more americans will be working today. and if that wasn't sobering enough, fitch ratings recently warned that the failure to come up with a plan for reducing our debt would likely still result in a downgrade of the u.s. credit rating. a lower credit rating is sure to mean higher interest rate. that meansigher credit card rates, higher student loans, certainly higher mortgage payments. despite these warnings, the democrat-controlled senate hasn'troduced a budget in 1,300 days, four years without a budget. how can we begin to get our debt under control when democrats won't even produce a budget this bill is the first step in forcing democrats to put forward a budget so we can start holding washington accountable for its out of control spending. every day, american families have to make decisions abtheir household finances. they have to adjust their spending to co
the economy and barack obama came on and was in a joef yell mood. >> for all of the talk we had during the campaign ofment o prt obama's ability to raise money it would be a million dollar campaign and the talk mitt romney had more corporate donors it would be a wash in cash. the president had no trouble raising enough money to get himself re-elected it is thanks in part to an incredible network he has built over the years. talk about the importance of money in this election, charles. >> he has never backed for money. in 2008 he was the first to go without the federal matching money so he could raise unlimited amounts he did and he crushed mccain in terms of the fundraising. he is commuting with the 53 percent his way of reaching to try to bring us all together after a campaign where he ran into 47 percent. it is a night where they are just having a good time. i wouldn't take any of it too seriously. it is a minor bit. you have to give him a pass on inauguration. he's having a good time and this is the money essentially to fund all of the festivities he which he won fair and square. >>
conditions could lead the president to repeat himself in 2009. economy remains sluggish healthcare remains too costly, et cetera. one historian interviewed the president from rolling stones magazines says mr. obama needs to revise faith in the american dream. >> i would image if i were writing a speech for him i would inject a dose of ronald reagan optimism don't despair in america. >> follow me at twitter at james rosen and i will tell you which president was the first to have his inaugural address live nationwide. >> i always follow your twitter but i will especially tonight. >> you are always so good to me. >> the political landscape at the part of the term was different than it was when he came to the white house four years ago. republicans control the house. you need look no further than the recent game of political chicken over the fiscal cliff to know just how divided washington is. and more instance show downs are looming. one example the debt creel and controlli -- debt ceiling and what americans describe as out of control spending. republicans take with the attitude toward congre
economies in the east and the south. now, of course, a growing world economy benefits us all, but we should be in no doubt that a new global race of nations is underway today. a race for the wealth and for the jobs of the future. the map of global influence is changing before our eyes. and these changes are already being felt by the entrepreneur in the netherlands, the worker in germany, the family in britain. so i want to speak to you today with urgency and frankness about the european union and how it does change, both to deliver prosperity and to retain the support of its peoples. but first, i want to set out the spirit in which i approach these issues. i know that the united kingdom is sometimes seen as an argumentative and rather strong-minded member of the family of european nations. and it is true that our geography has shaped our psychology. we have the character of an island nation. we are independent, forthright, passionate in defense of our sovereignty. we can no more change this british sensibility than we can train the english channel. and because of this sensibility, we come t
) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> all right. we're getting new information from ktrk, they are both reporting that two -- two suspects have been taken into custody in connection with the shooting incident on the campus of the north harris campus of lone star college outside of houston in harris county, a campus of about 10,000 students. we have not yet independently confirmed what these law enforcement officials are telling our local affiliate. but i wanted to update you on what's going on. we are standing by for a 5:00 p.m. news conference, in half an hour or so. 5:00 p.m. eastern, 4:00 p.m. central. they said they were searching aed wood area for a suspect. that's when they said they had one suspect in custody but now our affiliates are telling us that two suspects are in custody. we'll see where this is going. we'll update you as more information comes in. >>> other news we're following right now, including a new controversy erupting today in the wake of yesterday's inauguration ceremony here in
a great deal of work to be done on the economy and a great many other things. nora o'donnell, the co-anchor of "cbs this morning" is down on the national mall and she has insight on what the president is looking to in a second term. >> that's right. on a day like this when most americans have expressed their frustration with washington, political leaders, this is day that we see hundreds of thousands of americans turn out to witness this piece of history. every second-term president since dwight eisenhower has had to deal with an opposition party in congress. that's nothing new that president obama is facing in this second term. but he's going to try and capture i think some of the magic of bipartisanship on a day like today. trying to put it in a bottle. because he really has a very ambitious agenda for his second term. we have heard him talk about it. gun safety, immigration reform. deficit reduction and those looming spending cuts that are a part of the sequestration. so that's lot before the president. but as major has noted this is a speech today that's not about specifics, but
% of the entire budget of the government. at a time when the world is getting smaller, our economy depends on its relationship with every other country in the world's comment we face a more global markets at any time in our history. not just in my briefings at the state department, but in my conversations with business leaders and in my trips to crisis areas, to war zones, refugee camps, and in some of the poorest countries on earth, i've been reminded of the importance of the work our state department does to protect and advance america's interests and do the job of diplomacy and a dangerous world. i think there is more that can be done to advance our economic capacity and interest. in this debate and in every endeavor, i pledge to work closely with this committee. not just because it will be my responsibility, but because i will not be able to do this job effectively without your involvement and your ideas going forward. thank you, mr. chairman and members of the committee. i know there is a lot of ground to cover. >> [inaudible] [indiscernible] >> when i first came to washington and testified,
, what did you learn? >> we need cuts, we need more revenue, but equally, we need growth in the economy. letting start-ups, tax reform, and regulatory reform help. that's what we need more. >> you really think we need more? >> i mean, you want to make fun of -- >> i don't ever make fun of playing. i like my politicians who play. and who have cameras around when they do. what did you learn today, sam? >> you picked your clothes by number. i have no idea. the sweater collection could probably use an upgrade. >> this is number 47 right here, by the way. >> this is the hollywood business sweater, right? >> that's right! >> i learned about super fierce sri lankan women fighter, and victor garber is wonderful, and my neighbor. which is great. >> if it's way too early, harold, what time is it? >> it's time for "morning joe". >> but coming up next -- >> is my man, chuck todd on "the daily rundown". >> no, luke. >> luke russert! >>> taking it to the streets, vice president biden heads into virginia to make the case for new gun law. can a campaign-style push pressure congress to get something don
of the american economy by that. but also very clearly having a pathway to earned legalization is an essential element, and i think that we are largely moving in that direction as an agreement. >> what do you want? senator mccain said it's helpful that president obama is out on the road. what do you want to hear from him? how committed is he to getting this done? he also wants gun control. >> right. well, i was at the white house on friday with the congressional hispanic caucus leadership, and the president made it very clear in that discussion that this was a top legislative priority for him in this session of the congress and that he expects to work with all of us in an effort to achieve the goal, and he's fully committed to it, and i think that's why this week he starts the clock by the speech he's going to make out in las vegas. >> and that pathway to citizenship, that has to be in there? >> absolutely. latino voters in -- first of all, americans support it in poll after poll. secondly, latino voters expect it. thirdly, democrats want it, and, fourth, republicans need it. >> shouldn't the
looks at china's fast growing economy and asks, is it headed for a crash? >> wages are rising for the burgeoning middle class, but for hardscrabble factory workers: mounting protests against unlivable wages and working conditions. >> ifill: and vice president joe biden hangs out with hari sreenivasan on google plus to talk about gun violence. >> make your voices heard. this town listens when people rise up and speak. >> ifill: that's all ahead on tonight's "newshour."
are dismantling our economy to do absolutely nothing for the global climate. if you have china and india do what we are doing, intending to do, you would actually make a change that would make a difference. otherwise, what we're doing is dismantling our industry and essentially exporting it to china and india, where all of the carbon pollution is coming from. >> dealing with china and india is the job of the state department. hillary clinton. >> we were misled and there were protests and that the assault sprang out of that. >> with all due respect, we have four dead americans because of a protest or was it guys out for a walk that decided they would kill americans? what difference, at this point, does it make? it is our job to figure out what happened and figure out -- do everything we can to prevent it from happening again. >> the issue was the attack on our coulatin benghazi, took four lives, and with reference from we just heard, susan rice's comments on tv. one member of congress said clinton had allowed the consulate to become a death trap. what have we learned from these hearings? >> demag
read between the lines they tell you something about the overall economy. chief washington correspondent james rosen interprets for us. >> the national association of realers reports that -- realtors reports while existing home sales dipped in december, such sales are up by december 2011 by 19.8%, with total sales in 2019 reaching the highest point in five years. among the reasons why, experts cited an improving jobs market. >> the driving factor,be of course, have to include the historically low mortgage rates. for those people who can qualify. the other factor is the household formation. many of the young adults who used to live with their parents are seeking out their own housing unit. >> a recent survey by the national association of home builders and wells fargo finds home builders' confidence sagging. staying flat in january and below the 50% mark after eight consecutive growth of months. there, too, there is cause for optimism. the commerce department reported last week that housing starts surged in december. up 19.1% from the month before and setting the fastest pac
% of the entire budget of government at a time that the world is getting smaller, that our economy depends on its relationship with every other country in the world, that we face a more global market than anytime in our history. so not just in my briefings at the state department but in my conversations with business leaders, in my trips to crisis areas, to war zones, to refugee camps and in some of the poorest countries on earth, i have been reminded of the importance of the work that our state department does to protect and advance america's interests and do the job of diplomacy in a dangerous world and particularly i think there is more that can be done to advance our economic capacity and interests. in this debate and in every endeavor, i pledge to work very closely with this committee, mr. chairman and mr. ranking member, not just because it will be my responsibility but because i will not be able to do this job effectively nor will our country get what it needs to out of these initiatives without your involvement and your ideas going forward. so thank you, mr. chairman, and members of the c
in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ♪ lou: senator kerry well, in all likelihood, almost unimaginable that he would not be confirmed as secretary of state next week. the nominee, by the way, calling to implement the president's foreign policy vision well morning at the same time that u.s. influence depends on the ability to tackle our debt. >> more than ever for an policy is economic policy. i am especially cognizant of the fact that we cannot be strong in the world. lou: joining us now, fox news national security analysts, holding national security posts under three different presidents . former state department director of policy planning under president george w. bush and president of washington college. good to have you with this. let me start with you, if i may. i w
greece trying to revive an economy on life support. >> new year for spain. but is there is little for the lively european country to celebrate. unemployment is over 26%, the worst since the '70s. joblessness among young people is over 55%. spaniards, under 25, have little hope. >> it's 2012 was a bad year, you can imagine the prospects that spaniards have. nothing. at the end, we all have to leave, just like our parents did to immigrate. >> strange recession worsened too. economic growth down last year. budget cuts and tax hikes to avoid a full-scale bail-out accord og the efforts are hurting short-term recovery. with backing from the european central bank might offer long-term hope. bond sales to write down spain's debt went well. >> we are getting indicators that it's slowly adjusting. start to turn in the coming quarter. >> greece might be building on a couple of years of austerit austerity. the country is qualifying for e.u. bail-out money. 2013 is bringing more protests. young and old in athens. unemployment in greece is higher than spain. and pensions are slinking. >> we are
Search Results 0 to 49 of about 93 (some duplicates have been removed)

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